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County Overview

Lake County, IL

Aggregate real estate market report across county ZIPs
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Lake County, IL real estate market currently shows 1,639 active listings, with 930 pending sales. Homes are averaging 28 days on the market before going under contract.

Inventory has tightened compared to last year, with 43 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 28 days on market compared to 31 days last year.

The median listing price has risen 4.1% year-over-year, from $449,000 to $467,450.

Whether you are buying or selling in Lake County, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 701,078  ·  Density: 935.4/mi²  ·  Median household income: $110,500

Typical home value: $324,121  ·  Homeownership: 72.3%

Included Areas

Waukegan: 60079, 60085, 60087

Five Points: 60064, 60086

Antioch: 60002

Buffalo Grove: 60089

Deerfield: 60015

Fort Sheridan: 60037

Fox Lake: 60020

Grayslake: 60030

Great Lakes: 60088

Gurnee: 60031

Highland Park: 60035

Highwood: 60040

Ingleside: 60041

Island Lake: 60042

Area Map

Market Overview

Active Listings
1,639
⇩ 2.6% vs 1,682 last year
Pending
930
57% pending ratio
Median Price
$467,450
⇧ 4.1% vs $449,000 last year
Average Price
$792,012
⇩ 4.6% vs $830,034 last year
Days on Market
28
⇩ 9.7% vs 31 days last year

Price Per Square Foot

Median $/sqft
$232
⇧ 3.1% vs $225/sqft last year
Median Home Size
2,178 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.9%
Listings with no price change
Price Reduced
0.1%
⇩ 11.6% vs 0.1% last year
Price Increased
0%
⇩ 49.4%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %